Orbec Announces Promising Geophysical Results at Muus Property - Drilling Expected Soon
Mines D'Or Orbec (TSXV: BLUE) has reported significant findings from a high-resolution magnetic survey at its wholly-owned Muus gold project near Chibougamau, Québec. The survey, covering 2,558 line-kilometres with 35-metre spacing, identified two promising target zones with structural features similar to major regional deposits.
The project's Zone A, located in Lac Bernard Sud, exhibits intersecting northeast-southwest and east-west structures, with previous drilling revealing sericitic alteration along the same deformed volcano-sedimentary contact as IAMGOLD's Nelligan deposit (3.12M oz indicated, 5.16M oz inferred as of February 2025). Zone B, positioned east of Zone A, shows structural complexity and magnetic contrasts indicative of potential gold mineralization.
The company plans to commence drilling soon, following the strategy that led to IAMGOLD's Nelligan discovery. Additionally, Orbec has granted 571,000 options at $0.05 per share until March 19, 2030, and 2,714,000 options at $0.05 per share until December 23, 2029.
Mines D'Or Orbec (TSXV: BLUE) ha riportato risultati significativi da un'indagine magnetica ad alta risoluzione presso il suo progetto d'oro Muus vicino a Chibougamau, Québec. L'indagine, che copre 2.558 chilometri lineari con una distanza di 35 metri, ha identificato due zone obiettivo promettenti con caratteristiche strutturali simili ai principali depositi regionali.
La Zona A del progetto, situata a Lac Bernard Sud, presenta strutture che si intersecano in direzione nord-est-sud-ovest e est-ovest, con perforazioni precedenti che hanno rivelato alterazioni sericitiche lungo lo stesso contatto vulcano-sedimentario deformato del deposito Nelligan di IAMGOLD (3,12 milioni di once indicate, 5,16 milioni di once inferite a febbraio 2025). La Zona B, posizionata a est della Zona A, mostra complessità strutturale e contrasti magnetici indicativi di potenziale mineralizzazione d'oro.
La società prevede di iniziare le perforazioni a breve, seguendo la strategia che ha portato alla scoperta di Nelligan da parte di IAMGOLD. Inoltre, Orbec ha concesso 571.000 opzioni a $0,05 per azione fino al 19 marzo 2030 e 2.714.000 opzioni a $0,05 per azione fino al 23 dicembre 2029.
Mines D'Or Orbec (TSXV: BLUE) ha informado hallazgos significativos de un estudio magnético de alta resolución en su proyecto de oro Muus cerca de Chibougamau, Quebec. El estudio, que abarca 2,558 kilómetros lineales con un espaciado de 35 metros, identificó dos zonas objetivo prometedoras con características estructurales similares a los principales depósitos regionales.
La Zona A del proyecto, ubicada en Lac Bernard Sud, presenta estructuras que se intersectan en direcciones noreste-suroeste y este-oeste, con perforaciones anteriores que revelaron alteraciones sericiticas a lo largo del mismo contacto vulcano-sedimentario deformado que el depósito Nelligan de IAMGOLD (3.12M oz indicadas, 5.16M oz inferidas a febrero de 2025). La Zona B, situada al este de la Zona A, muestra complejidad estructural y contrastes magnéticos indicativos de una posible mineralización de oro.
La compañía planea comenzar las perforaciones pronto, siguiendo la estrategia que llevó al descubrimiento de Nelligan por IAMGOLD. Además, Orbec ha otorgado 571,000 opciones a $0.05 por acción hasta el 19 de marzo de 2030 y 2,714,000 opciones a $0.05 por acción hasta el 23 de diciembre de 2029.
미네스 도르 오르벡 (TSXV: BLUE)는 퀘벡 치부가무 근처의 전액 출자 자회사인 무스 금 프로젝트에서 고해상도 자기 조사 결과를 보고했습니다. 2,558km의 선로와 35m 간격으로 진행된 이번 조사는 주요 지역 매장지와 유사한 구조적 특징을 가진 두 개의 유망한 목표 지역을 확인했습니다.
프로젝트의 A존은 라크 베르나르 수드에 위치하고 있으며, 북동-남서 및 동-서 방향으로 교차하는 구조를 보여줍니다. 이전의 굴착에서는 IAMGOLD의 넬리건 매장지 (2025년 2월 기준으로 지시된 3.12M 온스, 추정된 5.16M 온스)와 동일한 변형된 화산-퇴적 접촉을 따라 세리시틱 변화가 발견되었습니다. B존은 A존의 동쪽에 위치하며, 잠재적인 금 광물화의 지표가 되는 구조적 복잡성과 자기적 차이를 나타냅니다.
회사는 IAMGOLD의 넬리건 발견으로 이어진 전략을 따라 곧 굴착을 시작할 계획입니다. 또한, 오르벡은 2030년 3월 19일까지 주당 $0.05에 571,000개의 옵션을 부여하고, 2029년 12월 23일까지 주당 $0.05에 2,714,000개의 옵션을 부여했습니다.
Mines D'Or Orbec (TSXV: BLUE) a rapporté des résultats significatifs d'une enquête magnétique haute résolution sur son projet d'or Muus près de Chibougamau, Québec. L'enquête, couvrant 2 558 kilomètres linéaires avec un espacement de 35 mètres, a identifié deux zones cibles prometteuses avec des caractéristiques structurelles similaires à celles des principaux dépôts régionaux.
La Zon A du projet, située à Lac Bernard Sud, présente des structures se croisant dans les directions nord-est-sud-ouest et est-ouest, avec des forages antérieurs révélant une altération séricitique le long du même contact volcanique-sédimentaire déformé que le dépôt Nelligan d'IAMGOLD (3,12 millions d'onces indiquées, 5,16 millions d'onces inférées en février 2025). La Zon B, positionnée à l'est de la Zon A, montre une complexité structurelle et des contrastes magnétiques indicatifs d'une potentielle minéralisation aurifère.
La société prévoit de commencer les forages bientôt, suivant la stratégie qui a conduit à la découverte de Nelligan par IAMGOLD. De plus, Orbec a accordé 571 000 options à 0,05 $ par action jusqu'au 19 mars 2030 et 2 714 000 options à 0,05 $ par action jusqu'au 23 décembre 2029.
Mines D'Or Orbec (TSXV: BLUE) hat bedeutende Ergebnisse aus einer hochauflösenden Magnetbefragung bei ihrem Muus-Goldprojekt in der Nähe von Chibougamau, Québec, berichtet. Die Befragung, die 2.558 Linienkilometer mit einem Abstand von 35 Metern abdeckte, identifizierte zwei vielversprechende Zielzonen mit strukturellen Merkmalen, die denen großer regionaler Lagerstätten ähneln.
Die Zone A des Projekts, die sich in Lac Bernard Sud befindet, weist sich kreuzende nordost-südwestliche und ost-westliche Strukturen auf, wobei frühere Bohrungen serizitische Veränderungen entlang des gleichen deformierten vulkanisch-sedimentären Kontakts wie das Nelligan-Lager von IAMGOLD (3,12 Millionen Unzen angezeigt, 5,16 Millionen Unzen geschätzt bis Februar 2025) aufzeigten. Zone B, die östlich von Zone A positioniert ist, zeigt strukturelle Komplexität und magnetische Unterschiede, die auf eine potenzielle Goldmineralisierung hinweisen.
Das Unternehmen plant, bald mit dem Bohren zu beginnen, und folgt dabei der Strategie, die zur Entdeckung von Nelligan durch IAMGOLD führte. Darüber hinaus hat Orbec 571.000 Optionen zu je 0,05 $ pro Aktie bis zum 19. März 2030 und 2.714.000 Optionen zu je 0,05 $ pro Aktie bis zum 23. Dezember 2029 gewährt.
- Identification of two highly prospective gold target zones with similar features to major regional deposits
- Strategic location along strike from IAMGOLD's Nelligan deposit (8.3M oz Au)
- Previous drilling confirmed presence of sericitic alteration, a key indicator for gold deposits
- 100% ownership of the Muus gold project
- Both target zones remain undrilled and unproven
- Significant stock option grants at $0.05 may lead to future dilution
- Zone B is largely underexplored with data available
Brossard, Québec--(Newsfile Corp. - March 17, 2025) - Mines D'Or Orbec Inc. (TSXV: BLUE) (the "Company" or "Orbec") has announced strong results from a high-resolution magnetic survey at its
Survey and Strategy
The survey results confirm that Orbec's approach at Muus closely follows the strategy that led to IAMGOLD's Nelligan discovery, where drilling magnetic anomalies uncovered a multi-million-ounce gold resource. As of February 2025, Nelligan holds an estimated 3.12 million ounces of gold (Indicated) and 5.16 million ounces (Inferred). The Muus project lies along strike from Nelligan, reinforcing its potential within this prolific gold belt.
Target Zones
Zone A - Located in the Lac Bernard Sud area, Zone A shows intersecting northeast-southwest and east-west structures, which are key indicators for gold mineralization at Nelligan. Previous drilling identified sericitic alteration - a hallmark of gold deposits - along the same deformed volcano-sedimentary contact as Nelligan. Orbec is reviewing geological and geophysical data to define high-priority drill targets, with drilling expected soon.
Zone B - Positioned east of Zone A, Zone B also shows structural complexity and magnetic contrasts, suggesting a favorable setting for gold mineralization. This area is less explored, but early signs are promising. Orbec plans to conduct fieldwork, including mapping and sampling, to gather more data and refine drill targets early this season.
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Next Steps
Orbec is currently analyzing the survey results and planning focused fieldwork to further define targets in both zones. The goal is to begin drilling in the near term to confirm the potential for significant gold mineralization.
Summary
Both zones present promising targets for gold mineralization, with Zone A being more advanced in terms of available data and ongoing exploration activities, while Zone B remains relatively underexplored but shows significant potential based on geological and geophysical indications. The Company's strategy focuses on further data collection to refine drilling targets, particularly in Zone B.
John Tait, the Company's newly appointed CEO, expressed his excitement about joining Orbec during a pivotal moment in the Company's development. He said, "I'm very excited to be joining Orbec at such an exciting time in the company's journey. After a thorough review of the Company's data, we are all in agreement that our prospects for discovering an extension to IAMGOLD's Nelligan Deposit (8.3 million oz Au) or a new discovery at Lac Bernard deposit are very promising. With similar geophysical indicators along strike, combined with an exceptional team of geologists and geophysicists, I am confident that we have a strong chance of success in our upcoming drilling campaign."
The Company would also like to announce that it has granted an aggregate of 571,000 options to directors, officers and consultants of the Company, with such options being exercisable at a price of
The Company would also like to announce that on December 23, 2024, it has granted an aggregate of 2,714,000 options to directors, officers and consultants of the Company, with such options being exercisable at a price of
Qualified Person
Technical information in this news release has been approved by Dorian L. (Dusty) Nicol (OGQ, PG, FAusIMM), technical advisor to the Company, who is a Qualified Person (QP) for the purpose of National Instrument 43-101.
About Orbec
Orbec is a gold company that owns
On Behalf Of The Board
John Tait, CEO & Director
For more information, please visit our website www.orbec.ca or contact Mr. John Tait, info@orbec.ca.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
This news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections, and interpretations as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance including in respect of the size and use of proceeds of the Offering, the timing and ability of the to close the Offering, including obtaining approval of the Offering from the TSX Venture Exchange, if at all (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This forward-looking information is based on reasonable assumptions and estimates of management of the Company, at the time it was made, involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, the parties cannot assure shareholders and prospective purchasers of securities that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither the Company nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. The Company does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law.
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FAQ
What are the key findings from Orbec's (BLUE) magnetic survey at the Muus gold project?
How does Zone A at Orbec's (BLUE) Muus project compare to IAMGOLD's Nelligan deposit?
What is the current resource estimate of the nearby Nelligan deposit that Orbec (BLUE) is comparing to?
What stock options has Orbec (BLUE) recently granted to directors, officers, and consultants?
